Tees Group Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07035382 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2017

for

Tees Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

P McCarte

B P McCarte

A T McCarte

SECRETARY:

REGISTERED OFFICE:

7 Bankside

The Watermark

Gateshead

NE11 9SY

REGISTERED NUMBER:

07035382 (England and Wales)

ACCOUNTANTS:

Flannagans - Hartlepool office

Hub One, First Floor, Unit's 204 & 206

The Innovation Centre, Venture Court

Queens Meadow Business Park

Hartlepool

TS25 5TG

FIXED ASSETS

Tangible assets

4

152,672

152,672

Investments

5

502

502

153,174

153,174

CURRENT ASSETS

Debtors

6

369,602

370,052

Cash at bank

2,924

3,108

372,526

373,160

CREDITORS

Amounts falling due within one year

7

14,434

14,443

NET CURRENT ASSETS

358,092

358,717

TOTAL ASSETS LESS CURRENT LIABILITIES

511,266

511,891

CREDITORS

Amounts falling due after more than one year

8

79,252

86,968

NET ASSETS

432,014

424,923

CAPITAL AND RESERVES

Called up share capital

439

439

Share premium

(24,938

)

(24,938

)

Retained earnings

456,513

449,422

432,014

424,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 July 2018 and were signed on its behalf by:

B P McCarte - Director

1.	STATUTORY INFORMATION

Tees Group Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable

profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 November 2016

and 31 October 2017

152,672

NET BOOK VALUE

At 31 October 2017

152,672

At 31 October 2016

152,672

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2016

and 31 October 2017

502

NET BOOK VALUE

At 31 October 2017

502

At 31 October 2016

502

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed by group undertakings

369,602

370,052

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

1

Taxation and social security

1,709

1,718

Other creditors

12,725

12,724

14,434

14,443

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Other creditors

79,252

86,968

2017

2016

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

30,159

37,875

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Flannagans - Hartlepool office

Hub One, First Floor, Unit's 204 & 206

The Innovation Centre, Venture Court

Queens Meadow Business Park

Hartlepool

TS25 5TG

Date: .............................................